Friedkin Group Agrees to Buy Everton Stake

The Friedkin Group, led by US billionaire Dan Friedkin, has reached an agreement to acquire a 94.1% stake in Everton from current owner Farhad Moshiri, marking a significant turnaround from their previous withdrawal from negotiations due to concerns over the club's substantial debt. The takeover, pending approval from the Premier League and Football Association, positions the Friedkin Group as owners of two major clubs, including AS Roma, which they emphasize will remain a priority in their football ambitions. The group aims to enhance Everton's stability and complete the new stadium project while addressing ongoing criticism from Roma supporters regarding recent management decisions, including the sacking of club legend Daniele De Rossi. The Friedkin Group's acquisition is seen as a new chapter for Everton, who are currently struggling at the bottom of the Premier League standings. Their strategy includes a multi-year project for Roma and a focus on long-term success across both clubs. Approval for the deal is expected to take up to 12 weeks, with no major hurdles anticipated.